Morgan Stanley
Company and Financial Services Company
Wall Street Beat: Cisco, Market Reports Cheer Tech...$4.3 billion a year earlier. For investors and market watchers, the SIA report and the Lenovo news may take the edge off Morgan Stanley's downgrades on the semiconductor industry companies earlier in the week. The brokerage Tuesday lowered...
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PR Newswire: Energy Industry | October 12, 2009
2009 China Enterprise Forum 'Opportunities in China's Outbound Investment' to be held from December 2nd - 4th in Beijing, China
From overseas, the confirmed speakers include the CEOs, Chairmen, or Managing Partners of the Asia Pacific or Greater China region from McKinsey, Morgan Stanley, JP Morgan, Bain Capital, KKR, Silverlake, Deloitte, and Freshfields. With...
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www.washingtonpost.com | November 10, 2008
Hong Kong stocks rise on China stimulus plan
...Construction climbed almost 20 percent to HK$10.7. An analyst downgrade from Morgan Stanley hit shares of China-based computer firm Lenovo, the world's fourth-biggest PC maker. It slumped 13.5 percent to HK$1.92. Hong Kong's...
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Mediaweek | January 06, 2009
Sources: Ogilvy Group Cuts 10% of Staff
...shift dollars into disciplines handled by other roster shops. The agency's client list includes IBM, American Express, Kodak, Unilever, Kraft Foods, Lenovo and Morgan Stanley. In addition, Ogilvy has failed to win pitches for other...
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FT.com - Financial Markets News | November 10, 2008
Asia markets rise sharply on China package
...rose by 8.9 per cent to Rmb8.90. However, the Chinese computer maker Lenovo, fell by 13.5 per cent to a nine-year low of HK$1.92 after Morgan Stanley advised investors to scale back their holdings. The debt-laden Australian asset...
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Reuters | November 10, 2008
HK shares up 3.5 pct; cheer China stimulus package
...refiner, jumped 7.7 percent. Shares of Lenovo, the world's No. 4 PC maker <0992. HK>, slid nearly 13.5 percent to a 9-year low after Morgan Stanley cut it to underweight from equal weight, saying the global financial crisis posed greater...
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Seattle Times | September 14, 2007
The Seattle Times: Acer adds a bit of pizzazz in its drive to beat Lenovo
...of the pack." Analyst Ellen Tseng of Morgan Stanley in Taipei said another key to Acer's success - and a litmus test for its ability to move ahead of Lenovo in coming months - is gaining sales in the critical U.S. market. Wang, an...
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Reuters | November 09, 2008
Hong Kong shares cheer China's stimulus package
HK>, slid nearly 11 percent after Morgan Stanley cut it to underweight from equal weight, saying the global financial crisis posed greater challenges for the company given its gearing, margin dilution and higher fixed cost burden. HSBC...
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BusinessWeek Online | February 29, 2008
IBM Sells Another Batch of Lenovo Shares
...overseas expansion will be an important growth driver in the years to come, analysts at Morgan Stanley note in a report published earlier this week that Lenovo's dominating position in China, where it has a 29% market share, could help...
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Reuters | February 04, 2009
UPDATE 1-Lenovo posts first loss in 3 yrs, CEO resigns
...$1.25 billion. "The real challenge is to modify its business model to support the low-margin consumer business, which will take a longer period of time and is subject to its execution capabilities," Morgan Stanley said. As part of a...
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Description from Wikipedia:
Morgan Stanley (NYSE: MS) is a global financial services provider headquartered in New York City, New York, United States. It serves a diversified group of corporations, governments, financial institutions, and individuals. Morgan Stanley also operates in 33 countries around the world with 600 offices, with an approximate employee workforce of 45,000. The company reports US$779 billion as assets under its management. It is headquartered in Midtown Manhattan, New York City.
The corporation, formed by J.P. Morgan & Co. employees Henry S. Morgan (grandson of J.P. Morgan), Harold Stanley and others, came into existence on September 16, 1935. In its first year the company operated with a 24% market share (US$1.1 billion) in public offerings and private placements. The main areas of business for the firm today are Global Wealth Management, Institutional Securities and Investment Management.
The company found itself in the midst of a management crisis in the late 1990s that saw it lose a lot of talent and competence and ultimately saw the firing of its then CEO Philip Purcell in 2005.
On September 21, 2008, it was reported that the Federal Reserve allowed Morgan Stanley to change its status from investment bank to bank holding company. On September 29, 2008, it was announced that Mitsubishi UFJ Financial Group, Japan's largest bank, will take a stake of $9 billion in Morgan Stanley equity. In the midst of the October 2008 stock market crash, concerns over the completion of the Mitsubishi deal caused a dramatic fall in Morgan Stanley's stock price to levels last seen in 1994. The stock grew considerably after Mitsubishi UFJ closed the deal to buy 21% of Morgan Stanley on October 14, 2008.
- Name:
- Morgan Stanley
- Type:
- Public (NYSE: MS)
- Location:
- New York City, New York
- Founded:
- 1935
- Stock Symbol:
- MS
- Industry:
- Financial Services
- Key People:
-
- John J. Mack, Chairman & CEO
- James P. Gorman Co-President
- Walid Chammah Co-President
- Products:
-
- Financial Services
- Investment Banking
- Investment Management
- Revenue:
- US$ 62.262 billion (2008)
- Net Income:
- US$ 1.707 billion (2008)
- No. of Employees:
- over 45,000 (2009)
- Motto:
- World Wise
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